Settings8H · net · $10k
Funding arb · Price arb /

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.049%
Price spread now: Lighter RH against Gate−0.012%7-day average +0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs+$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$280.285% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.347%+$35 on $10k
Price spread, last 7 days0.000%$0 · spread now −0.012%, 7d avg +0.073%
Together, before fees+0.348%+ Points / potential airdropLighter RH: Points live · farm board+$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.085% cheaper against Gate than usual: you would sell low and buy high (spread −0.012% now, against its 7-day average of +0.073%). If the spread goes back, that is −$9 on $10k: about 14 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.347% in total) that is about 41 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZEC_USDT1,484.40.0100pay 0.0100% / 8h2h 22m$53.9M$173.0M75x
ShortLighter RH ZEC1,484.20.0120get 0.0015% / 1h22m 21s$2.1M$7.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$4.2
Price spread: −0.012% → +0.073%
−$8.5
Slippage, 4 orders
−$13.47
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$32.77
Costs to cover
0.285%
Break-even
61.6 days
Slippage from Gate: live order book, 2 min ago; Lighter RH: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 2 min ago0.27 bp11.4 bp −$1118.2 bp −$18231.4 bp −$3,14458.6 bp −$29.3K
Sell Lighter RH live order book, 1 min ago1.01 bp2.9 bp −$36.5 bp −$65doesn't fitdoesn't fit

ZEC on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3243%1h1,461.8−1.525%$34K$272K12xas long as short
BloFin ZEC-USDT−0.0098%8h1,482.6−0.119%$30.1M$71.9M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,481.1−0.221%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,482.4−0.135%$412K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,480.5−0.262%$1.6M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,483.5−0.065%$85K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0007%1h1,484.4−0.001%$5.3M150xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0050%1h1,480.3−0.280%$629K$1.3M25xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,487.2+0.187%$298K$896K20xas long as short
01 Exchange ZECUSD+0.0064%1h1,484.4−0.003%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0092%1h1,475.1−0.627%$4.7M$1.3M10xas long as short
Bybit ZECUSDT+0.0093%8h1,484.1−0.022%$264.6M$600.5M75xas long as short
Popdex ZECUSDT+0.0096%1h1,484.40.000%$174K$1.6M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,484.1−0.024%$11K$823K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,483.2−0.082%$61K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,484.5+0.005%$2.8M$6.4M10xas long as short
Hyperliquid ZEC+0.0100%1h1,485.3+0.060%$774.4M$422.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,484.5+0.008%$14.6M$28.2M75xas long as short
Pacifica ZEC+0.0100%1h1,482.7−0.116%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,484.5+0.004%$689.0M$2.18B75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,487+0.171%$180.3M$1.24B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,474.6−0.661%$400K$433K5xas long as short
Bulk ZEC-USD+0.0100%1h1,479.3−0.346%$894K$15K10xas long as short
Gate ZEC_USDTlong+0.0100%8h1,484.4long leg$53.9M$173.0M75x
MEXC ZEC_USDT+0.0100%8h1,484.2−0.017%$230.0M$766.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,484.7+0.018%$105.8M$53.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,484.3−0.007%$167.5M$269.2M75xas long as short
BingX ZEC-USDT+0.0100%8h1,484.5+0.005%$112.1Mas long as short
Variational Omni ZEC+0.0100%8h1,473.7−0.723%$48.3M$32.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,475−0.635%$556K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,477.9−0.436%$3.0M$462K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,472.9−0.773%$407K$926K50xas long as short
StandX ZEC-USD+0.0100%1h1,479.8−0.310%$50K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,484.4−0.001%$366K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,484.3−0.007%$163K$183K20xas long as short
Derive ZEC-PERP+0.0100%1h1,478.6−0.391%$451K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,481.6−0.188%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,480.1−0.288%$245K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,481−0.230%$2.5M$18.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,481.5−0.197%$3.9M$4.8M50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0100% / S −0.0054%1h1,484.5+0.006%$442K100xas long as short
Extended ZEC-USD+0.0104%1h1,484−0.028%$2.8M$7.8M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,479.6−0.327%$45K$153K20xas long as short
Lighter RH ZECshort+0.0120%1h1,484.2−0.012%$2.1M$7.1M10x
Kraken Futures PF_ZECUSD+0.0145%1h1,480.1−0.293%$18.1M$45.7M25xas long as short
RISEx ZEC/USDC+0.0154%1h1,484−0.030%$937K$1.1M10xas long as short
Lighter ZEC+0.0192%1h1,483.9−0.036%$19.6M$44.1M20xas long as short
Backpack ZEC_USDC_PERP+0.0393%1h1,482.5−0.131%$2.4M$3.7M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,482.2−0.146%$3.7M$9.3M50xas long as short
Arcus ZEC-USD+0.0508%1h1,484−0.026%$656K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0705%1h1,477.4−0.475%$45K$49K10xas long as short